Passfolio is no longer operating

Written by
Adam N.
Fact checked by
Updated
Jul 2023

Unfortunately, Passfolio shut down its operations in November 2022. The existing stock accounts will be transferred to Sproutfi, a US-registered broker.  

Passfolio was a global zero-commission stockbroker founded in 2018. It was regulated by the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

If you're looking to open a brokerage account, check out the following links:

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Author of this article

Adam Nasli

Financial Wizard | Trading • Safety • Market Analysis

I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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